4.4 • 637 Ratings
🗓️ 4 December 2015
⏱️ 26 minutes
🔗️ Recording | iTunes | RSS
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Erin Glenn is the CEO @ Quire where she aims to create a way for communities to invest and collaborate with companies and their founders. Quire is changing the way companies are owned and built. Prior to being CEO, Erin was CFO at SF based video game maker KIXEYE, an investment banker at Morgan Stanley and UBS, and a management consultant in the US and South East Asia. All the data and research mentioned in today's show is provided by the kind team at Mattermark, check them out here!
In Today's Episode You Will Learn:
1.) How Erin made her way into the wonderful world technology?
2.) What is Quire, how does Quire work, what companies does Quire raise for?
3.) Over the last few years we have seen a massive increase in the crowdfunding sector in general. What are the key drivers of the rise of this sector?
4.) With the greater and greater amounts being raised on these platforms, many are suggesting they have the potential to replace VC. What are Erin's thoughts on this? Or are the systems fundamentally different?
5.) What are the greatest barriers to mass market adoption of the crowdfunding model? What have been the biggest challenges faced in the journey with Quire?
6.) How does Quire, as a crowdfunding platform plan to draw investors away from funds and other portfolio based assets given the level of risk associated with investing in young companies?
Items Mentioned In Today's Episode:
Erin's Fave Blog or Newsletter:Â Fred Wilson: AVC
Erin's Fave Book: Magic
Erin's Fave Quire Funded Companies: Gimlet Media, Kano, Duel
As always you can follow Harry, The Twenty Minute VC and Erin on Twitter here!
If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!
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0:00.0 | It's Friday and not only does that mean it is nearly the weekend, but it's also time for us at the 20 minute VC to interview an amazing founder. |
0:08.5 | And following on from our theme of seed funding with our episodes with Ed Sim and Samir Kaji, we thought it is important to introduce an alternative form of mostly seed funding and probably one of the most exciting forms of seed funding there is in the form of |
0:22.8 | choir. Bataworks company, happy now John Borthwick, he had a go at me previously for saying Beterworks. |
0:31.0 | And choir create a way for communities to invest and collaborate with companies and their founders. |
0:39.3 | Choir is changing the way companies are owned and built. And joining us from Quire is the CEO, Erin Glenn, who prior to being |
0:45.3 | choir was CFO at SF-based video game maker, Kixi, an investment banker at Morgan Stanley and |
0:52.7 | UBS, and a management consultant in the US and Southeast Asia. |
0:57.1 | And this show is also increasingly pertinent as it was recorded the night before the SEC announcement for the Jobs Act, |
1:03.8 | opening up crowdfunding to everyone in the US. |
1:06.6 | So now the sky really is the limit of choir. |
1:09.5 | And for all podcast fans, you might like to know that choir actually featured on Alex Bloomberg's startup, |
1:15.3 | as choir raised $275,000 for Gimlet Media. |
1:19.9 | And our partnership with Mattermark is also very relevant to this episode, |
1:23.5 | as we draw heavily on the report done by Mattermark and Quire on diversity within the crowdfunding space. |
1:29.6 | And you can learn more about Mattermark at www.mattermark.com. |
1:34.3 | But before we jump into today's interview with Erin, |
1:37.3 | an email address really does not say a lot about someone. |
1:40.9 | Sometimes it's important to know more than just their email. |
1:43.9 | Well, with Loyalty |
1:45.2 | Bay's super users product, now you can. Simply input an email address and it will go off and find |
1:51.4 | publicly available profile information such as LinkedIn, Facebook, Twitter profiles, for that |
1:57.7 | email address. And there's no financial obligation up front to this, |
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